Many Sauder undergraduates aspire to become tomorrow’s business leaders. But as we may well know, lack of accreditation from a credible institution hinders us from pursuing our dream careers. Some of us may be planning on obtaining a Master of Bachelor’s Administration (MBA) degree after completing our undergraduate program. With a weak economy and lack of good opportunities in the workforce, is it still worth it for individuals to forfeit their time and money for a MBA?
Wall Street Journal discussed this dilemma with a prospective MBA student, Allison Silverstein, a one-time prospective student, Andrew Myerson, a current student, Paul Margarites, a recent graduate, Ariel Fish, and an admission director, Bruce DelMonico.
Here are some of their opinions:
Silverstein
“There’s so much talk about GMATs and essays and letters of recommendation, but no one talks about what there is to gain by getting an M.B.A.”
Myerson
“You’re taking out serious loans, and you have to think about the opportunity cost of not working.”
Margarites
“Seizing the day is actually something the M.B.A. program has allowed me to do.”
Fish
“The money wasn’t something that was going to thwart my decision to go.”
DelMonico
“They’re doing a lot by instinct, and they want a place where they can learn a more comprehensive and structured set of skills.”
What are your opinions? Is it worth it?
For full text: http://online.wsj.com/article/SB10001424053111904060604576574963215607744.html